This privacy policy (“Privacy Policy”) provides extensive insight into how Magik Labs Pte Ltd (“Magik Labs”, “we”, “us”, “our”) a Singapore-based corporation with its registered place of business at 3 Fraser Street, #05-25, Duo Towers, Singapore, and platforms affiliated with Magik Labs, which can be used to interact with various third parties that offer fiat-to-cryptocurrency conversion services (“fiat gateways”), including but not limited to the Websites, its Application, and Smart Contracts, (collectively “Platforms”) collect, share or use data about you (“user(s)”, “you”, “your”, “End User”) with connection to the Platforms.

This Privacy Policy, together with our Terms of Use (“Terms”) govern the collection and processing of your data and is applicable to all the information collected through the Platforms, upon the use of such Platforms, any related services, marketing, events and/or any other locations that are in any way linked to this Privacy Policy (collectively, the “Services”).

Please read this Policy and our Terms carefully. By accessing our Platforms, you consent to the information collection and use practices described in this Privacy Policy. If you do not agree to this Privacy Policy, you should immediately cease to continue the use of the Services.

COLLECTION OF INFORMATION

Our servers may automatically log standard data provided by your browser upon the use of our Services. Such information may include but is not limited to, browser type and version, Internet Protocol (IP) address, geolocation data, username, email, and/or crypto wallet addresses.

Other information about you that is publicly available or provided to us by third parties may be combined with automatically-collected information. Such information may include but is not limited to, the transaction history of digital assets.

Personal information such as name, email, or phone number may be collected when you communicate with us regarding issues, including but not limited to, support, reporting errors related to your use of our interface, and/or reporting bugs.

Information about your transaction history with fiat gateways, including the type of digital assets transacted or held, the order volume, price, value, and information regarding the bank used for a transaction may be collected. This does not include any personally identifiable information.

We use a data intermediary that provides Know Your Customer (KYC) and Know Your Business (KYB) services. However, none of your information is stored on our servers. Personal information submitted by you is used to conduct KYC verification with the data intermediary.

Your consent to use your personal information may be required in certain circumstances and the same may be withdrawn at any time, by reaching out to us via the contact details provided in this Privacy Policy. We shall get in touch with you whenever consent to process any data is required.

The processing of any data entered by the users when making use of services provided by fiat gateways is governed by the privacy policies of those individual fiat gateway(s) used by the user. With regard to this data, Magik Labs does not act as a data controller/fiduciary.

While Magik Labs does not collect any personal information from you, the fiat gateways might as covered by their privacy policies. Those fiat gateways may share data with Magik Labs. This can include your phone number, country, your email address and your name, but does not include credit card numbers or any other PAN or CVC data.

USE OF INFORMATION

Use of the collected information may be for the following purposes -

providing services to you;

complying with regulatory and legal obligations;

exercising or defending any legal rights;

communicating with you or managing any request;

conducting KYC verification;

for legitimate business interests, such as business research and analysis, and managing our Platforms and Services;